Post by
pennydredful on Jun 21, 2023 5:42pm
Off 1.5%
Looks like shorts are thinking the German Co. will resume selling Monday June 26th per their agreement with CIBC who distributed their last block . As they are below 10% now no disclourse required on their part.
Comment by
Baystboy07 on Jun 21, 2023 6:35pm
Short position increased 1.5 million shares in 15 day period ending June 15. Expensive short with this yield but short interest is going up. Assuming the thing another secondary coming from M&B or PE backers of Certarus.
Comment by
Divypro on Jun 21, 2023 9:37pm
As M&B are now under 10% they can simply sell on the market with no requirement to report. I suspect the PE backers are also in this position. I believe that is why the share price is very weak . Lots of sellers.
Comment by
Baystboy07 on Jul 10, 2023 2:39pm
Short position up again by another 115k. Total shares short 5.6 million. Have to figure anticipation of another M&B bought deal and or Certarus shareholder shorting for when lock ups expire? Once this all clears could be a massive whipsaw in this stock.
Comment by
newcoin on Jul 11, 2023 6:32pm
How much of this is already baked into the shareprice? I'm starting a slow accumulation at these prices.
Comment by
pennydredful on Jul 11, 2023 9:42pm
Everybody stand aside while New Coin buys 10 shares with his Grocery Rebate Cheque.
Comment by
newcoin on Jul 11, 2023 10:51pm
Penny? What is your issue? The point is Brookfield is involved with this stock and it is bottoming. A slow accumulation over the next few months is the smart thing to do. I'm not sure where you're coming from?
Comment by
pennydredful on Jul 12, 2023 9:30am
Brookfield were no where when the Germans sold their shares.
Comment by
newcoin on Jul 11, 2023 10:53pm
I wish I got a Grocery Rebate cheque. LOL!!